Joburg City Power implements Solar Feed-in Tariff – Solar has never been more financially viable

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[Promoted] Joburg City Power implements Solar Feed-in Tariff – Solar has never been more financially viable

This exciting development not only promotes sustainable energy practices but also presents an invaluable opportunity for both residents and businesses in Johannesburg to embrace solar power and contribute to a greener future whilst saving money.

The approved feed-in tariff for residential embedded generators is set at an encouraging rate of 85.50 c/kWh for homeowners and businesses 70.85 c/kWh, making it an attractive incentive for individuals and businesses to invest in solar energy systems. The combination of the feed-in tariff program and the rising electricity tariffs creates a compelling case for Joburg residents and businesses to explore solar solutions as a sustainable and cost-effective energy alternative.Hohm Energy’s solar finance options

This financing is very similar to vehicle financing, where the solar system is “paid off” over 6 years, and then ownership is transferred from the bank to you.

 

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